Last $0.40 USD
Change Today -0.02 / -4.76%
Volume 1.2M
GTATQ On Other Exchanges
Symbol
Exchange
OTC US
Frankfurt
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

gt advanced technologies inc (GTATQ) Snapshot

Open
$0.42
Previous Close
$0.42
Day High
$0.43
Day Low
$0.38
52 Week High
07/2/14 - $20.54
52 Week Low
12/11/14 - $0.22
Market Cap
55.0M
Average Volume 10 Days
4.5M
EPS TTM
$-1.50
Shares Outstanding
137.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GT ADVANCED TECHNOLOGIES INC (GTATQ)

gt advanced technologies inc (GTATQ) Related Businessweek News

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gt advanced technologies inc (GTATQ) Details

GT Advanced Technologies Inc., a technology company, provides materials and equipment for the solar, light emitting diode (LED), and electronics industries worldwide. The company operates through three segments: Sapphire, Polysilicon, and Photovoltaic (PV). The Sapphire segment provides advanced sapphire crystallization furnace systems used to produce sapphire boules; and sapphire materials for a range of other industrial and consumer applications, including medical devices, dental, oil and gas, and watch crystals, as well as specialty optical applications, such as low absorption optical sapphire for advanced optics and Titanium-doped sapphire material for high power lasers. The Polysilicon segment offers silicon deposition reactors; equipment, technology, and engineering services for the production and purification of trichlorosilane and silane; and engineering services. This segment also provides ancillary equipment and technologies for producing seed rods. The PV segment is engaged in the development, manufacture, and sale of crystallization growth furnaces to produce silicon ingots used in the production of solar wafers. This segment offers directional solidification system (DSS) multicrystalline and MonoCast casting furnaces; ancillary equipment, such as crucible coating stations, crucible manipulators, loaders/unloaders, extraction tools, and other material handling systems; and PV parts and services. GT Advanced Technologies Inc. sells its equipment and services to polysilicon producers, solar wafer manufacturers, and sapphire producers through direct sales force and indirect sales representatives. The company was formerly known as GT Solar International, Inc. and changed its name to GT Advanced Technologies Inc. in August 2011. GT Advanced Technologies Inc. was founded in 1994 and is headquartered in Merrimack, New Hampshire.

541 Employees
Last Reported Date: 03/11/14
Founded in 1994

gt advanced technologies inc (GTATQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $2.0M
Executive Vice President of Industrial System...
Total Annual Compensation: $1.3M
Executive Vice President of Solar Business
Total Annual Compensation: $769.5K
Chief Administrative Officer, Vice President,...
Total Annual Compensation: $769.5K
Vice President of Asia and Industrial Furnace...
Total Annual Compensation: $282.7K
Compensation as of Fiscal Year 2013.

gt advanced technologies inc (GTATQ) Key Developments

Nasdaq Files Form 25 To Delist Common Stock Of GT Advanced Technologies

As previously reported, The Nasdaq Stock Market (Nasdaq) suspended trading of GT Advanced Technologies’ common stock on October 16, 2014 (suspension date) based on the company filing a voluntary petition for reorganization relief under Chapter 11 of Title 11 of the United States Code. The suspension was effected pursuant to Nasdaq’s discretionary authority under Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1. The company’s common stock has not traded on a Nasdaq exchange since the suspension date, and is currently eligible for trading over the counter on the OTC Pink marketplace. On December 8, 2014, the company received notice from Nasdaq that Nasdaq will delist the common stock of the company by filing a Form 25 with the Securities and Exchange Commission. On December 11, 2014, Nasdaq filed the Form 25. The delisting will become effective on December 21, 2014.

Nasdaq Stock Market To File Form 25 With Securities And Exchange Commission To Complete Delisting Of GT Advanced Technologies

The Nasdaq Stock Market announced that it will delist the common stock of GT Advanced Technologies, Inc. GT Advanced Technologies, Inc.'s stock was suspended on October 16, 2014 and has not traded on Nasdaq since that time. Nasdaq will file a Form 25 with the Securities and Exchange Commission to complete the delisting of the company. The delisting becomes effective ten days after the Form 25 is filed.

Levi & Korsinsky, LLP Notifies Investors of Class Action Against GT Advanced Technologies, Inc

Levi & Korsinsky announced that a class action lawsuit has been commenced in the United States District Court for the District of New Hampshire on behalf of investors who purchased GT Advanced Technologies Inc. securities between November 5, 2013 and 9:40 a.m. EDT (when the Company filed for bankruptcy) on October 6, 2014. The complaint alleges that during the Class Period and/or in its offering materials, defendants misrepresented and/or concealed GT's cash position, expected cash position and revenues, ability to meet milestones under a critical agreement with Apple for the production of sapphire material, and the progress that the Company was making developing the facility that would produce said material.

 

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